Price for Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates
Price for Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $11,247 per ton, jumping by 171% against the previous year. In general, the import price showed a resilient increase. Over the period under review, average import prices hit record highs at $12,625 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($11,693 per ton), while the price for Egypt totaled $488 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-17.4%).
Price for Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $3,709 per ton in 2022, approximately mirroring the previous year. In general, the export price recorded a perceptible decline. The growth pace was the most rapid in 2020 an increase of 61%. As a result, the export price attained the peak level of $5,471 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($17,000 per ton), while the average price for exports to Pakistan ($3,429 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Comoros (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates
In 2022, overseas purchases of flax; hackled or otherwise processed, but not spuns decreased by -56.3% to 144 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 160% against the previous year.
In value terms, imports of flax; hackled or otherwise processed, but not spuns skyrocketed to $1.6M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 157% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 218 | 430 | 1,342 | 1,620 | 95.1% |
| Egypt | 72.7 | 103 | 10.0 | 2.5 | -67.5% |
| India | N/A | N/A | 16.1 | N/A | 0% |
| Others | 0.9 | N/A | N/A | N/A | 0% |
| Total | 291 | 533 | 1,368 | 1,622 | 77.3% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to the United Arab Emirates in 2022:
- Italy (138.5 tons)
- Egypt (5.2 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates
In 2022, after two years of decline, there was growth in shipments abroad of flax; hackled or otherwise processed, but not spuns, when their volume increased by 1.9% to 55 kg. In general, exports, however, saw a significant curtailment.
In value terms, exports of flax; hackled or otherwise processed, but not spuns totaled $204 in 2022. Over the period under review, exports, however, continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 4.9% against the previous year. As a result, the exports attained the peak of $1.8K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | N/A | N/A | N/A | 163 | 0% |
| Pakistan | 1,716 | 37.0 | 32.0 | 24.0 | -75.9% |
| Uzbekistan | N/A | N/A | N/A | 17.0 | 0% |
| Norway | N/A | 367 | 171 | N/A | -53.4% |
| Senegal | N/A | 276 | N/A | N/A | 0% |
| Gambia | N/A | 1,120 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,716 | 1,800 | 203 | 204 | -50.8% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from the United Arab Emirates in 2022:
- Niger (47.0 kg)
- Pakistan (7.0 kg)
- Uzbekistan (1.0 kg)
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